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Mar 13, 2016
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and increasingly working in energy under president obama's power africa initiative. with respect to our partners, we're seeing -- and mentioned tough reforms, i mentioned the idea that we need to have more transparency, independent regulators for example, and we are seeing movement on those. >> we are here to try to help, country by country, is to develop the data sets that they need. to help them create the capital market efficiencies and infrastructure and technology to grow their capital markets and basically facilitate greater visibility through our bloomberg news team, writing the kind of stories about leadership and economic challenges and opportunities that exist on the african continent. we have been here for a relatively short period of time, 21 years but as we look at the , future, we look at africa as a very important long-term growth opportunity. we have about 400,000 users of our product every day and they want to know what is going on in africa the same way they want to know what is going on in lots of other places. we are the conduit and facility -- fa
and increasingly working in energy under president obama's power africa initiative. with respect to our partners, we're seeing -- and mentioned tough reforms, i mentioned the idea that we need to have more transparency, independent regulators for example, and we are seeing movement on those. >> we are here to try to help, country by country, is to develop the data sets that they need. to help them create the capital market efficiencies and infrastructure and technology to grow their...
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Mar 12, 2016
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and increasingly working in energy under president obama's our africa initiative. i mentioned a tough reform, i mentioned the idea that we need to have more transparency, independent regulators for example, and we are seeing movement on those. >> we are here to try to help, country by country is to develop the data sets that they need. to help them create the capital market efficiencies and infrastructure and technology to grow their capital markets and basically facilitate greater visibility through our bloomberg news team, writing the kind of stories about leadership and economic challenges and opportunities that exist on the african continent. we have been here for a relatively short. of time, but as we look at the future, we look at africa as a very important long-term growth opportunity. we also look at the perspective, we have about 400,000 users of our product every day and they want to know what is going on in africa the same way they want to know what is going on in lots of other places. we are the conduit and facility are for that information and to get p
and increasingly working in energy under president obama's our africa initiative. i mentioned a tough reform, i mentioned the idea that we need to have more transparency, independent regulators for example, and we are seeing movement on those. >> we are here to try to help, country by country is to develop the data sets that they need. to help them create the capital market efficiencies and infrastructure and technology to grow their capital markets and basically facilitate greater...
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Jul 28, 2015
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pimm: earlier today, president obama highlighted africa's hunger. issues by visiting a food processing plant ethiopia's the last stop in his five day two-nation african visit. betty: the rise of home prices in 20 major markets cooled in may on the case schiller index print which of property values increase in may by 4.9% over last year. the year ended in april at 5%. consumerding of the confidence showed a drop off. that is down from a revised figure for june. the new reading fell well short of the average forecast from economists. a first for the nfl -- a female coach. lter is joining the arizona staff and will coach the linebackers during training camp. she played running back in the indoor football league, the first woman other than kickers to play in amends poorly she also has a masters in sports site cast -- in sports psychology. pimm: 2015 has been a difficult year for investors. we started the year at all-time highs for the s&p 500 but the ups and downs have left us modeling in the middle, up about 1.5 in the s&p 500. betty: earnings season i
pimm: earlier today, president obama highlighted africa's hunger. issues by visiting a food processing plant ethiopia's the last stop in his five day two-nation african visit. betty: the rise of home prices in 20 major markets cooled in may on the case schiller index print which of property values increase in may by 4.9% over last year. the year ended in april at 5%. consumerding of the confidence showed a drop off. that is down from a revised figure for june. the new reading fell well short of...
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Dec 5, 2013
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president first black of south africa and obama the first black president of the united states. given the timing to listen to storynterview, the human of nelson mandela? >> the event that they did here in los angeles to a bunch of high school students, they're using so much material from the film to teach the story of mandela, he told the story about an event which was on his behalf in the states with a bunch of celebrities in attendance. to the this story various actors saying, thank you for your films. one of the things that he would do with his years in prison, we would get together once a week and have a laugh watching various films. thankful -- thank you to you. that was one moment i remember recently from what weinstein had to say. >> the movie is sort of getting mixed reviews. you wonder if this is going to change anything. is notaid that this necessarily meant to be a story that has no rough edges. he obviously had his ups and downs and i wanted to show all of that. nelson mandela passing today at the age of 95. iq all for watching this edition of "bloomberg west." we wi
president first black of south africa and obama the first black president of the united states. given the timing to listen to storynterview, the human of nelson mandela? >> the event that they did here in los angeles to a bunch of high school students, they're using so much material from the film to teach the story of mandela, he told the story about an event which was on his behalf in the states with a bunch of celebrities in attendance. to the this story various actors saying, thank you...
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Dec 11, 2013
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in south obama speaks africa at an emotional memorial service for nelson mandela. u.s. regulators approve the poker rule in an effort to make and we go inside of the c suite at the new cadillac. to our viewers here in the united states, and those of you joining us from around the world, welcome. do we have full coverage of the stocks and stories making headlines. motorsan is with general naming the first female ceo in the global automotive industry. we believe with yang yang and late developments on a budget deal coming out of washington. >> good evening. moments ago, budget conference committee chairman paul ryan and senator patty murray announced their answer to avoiding another budget shutdown with a budget deal, setting the spending cap at approximately $1 trillion a the, higher than the 96 -- 960 billion in the current. the difference will be made up through auctioning government airwaves and increasing pension premiums for federal workers. there'll be no major changes to taxes or entitlement programs at this time. the outline is not the grand bargain many had hope
in south obama speaks africa at an emotional memorial service for nelson mandela. u.s. regulators approve the poker rule in an effort to make and we go inside of the c suite at the new cadillac. to our viewers here in the united states, and those of you joining us from around the world, welcome. do we have full coverage of the stocks and stories making headlines. motorsan is with general naming the first female ceo in the global automotive industry. we believe with yang yang and late...
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Jul 27, 2015
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praisedt obama has africa's dynamism but has warned leaders to tackle corruption, tribalism, discrimination. the president stressed the opportunities available all through private enterprise and saluted kenya's status as a technology hub. the economy grew 5.3% last year. nasa has released an animated flyby of pluto. flowseals enormous ice and temperatures as low as -229 degrees celsius. scientists think it is similar to earth. stories welook at are watching in this part of the world. makings prime minister his first visit to china on discuss saying he will investment in a chinese missile system. more than $2 billion have been wiped from maggi's share price. electronics will report second order profit earnings on thursday. on friday, the international olympic committee's executive board is in kuala lumpur to decide the location of the 2022 winter games. says it will not be an easy decision. more on the week ahead. us,k you for joining daniel. what will be your most watched action this week? will it be the fed meeting? fed meetingink the is the one that everyone is looking at. uneventful quie
praisedt obama has africa's dynamism but has warned leaders to tackle corruption, tribalism, discrimination. the president stressed the opportunities available all through private enterprise and saluted kenya's status as a technology hub. the economy grew 5.3% last year. nasa has released an animated flyby of pluto. flowseals enormous ice and temperatures as low as -229 degrees celsius. scientists think it is similar to earth. stories welook at are watching in this part of the world. makings...
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Mar 13, 2016
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>> power africa is an important initiative that president obama launched here in 2013, committing $7 billion worth of capital for power projects here. that has been slower than we would like. we just have not seen the deals come through. i think part of that issue goes back to what miguel said. in terms of permitting and licensing and power purchase beenments, they have not as easy to put in place in a number of countries and i think that has impeded some of the power generation here. antony: perhaps you can speak to that. you're dealing with a lot of people trying to invest in africa. are they frustrated? our african government starting to tear down bureaucracy? >> there are some challenges. i don't really think it is bureaucracy which is holding things up. i think it's really at the end of the day basically two things. it's the lack of progression on infrastructure side. and this is the really serious one to me, which is the long-term one. on the short-term one, you have some very wrong policies which have dramatic effects. if you do not have some certainty on the effect, even if i
>> power africa is an important initiative that president obama launched here in 2013, committing $7 billion worth of capital for power projects here. that has been slower than we would like. we just have not seen the deals come through. i think part of that issue goes back to what miguel said. in terms of permitting and licensing and power purchase beenments, they have not as easy to put in place in a number of countries and i think that has impeded some of the power generation here....
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Dec 5, 2013
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we spoke in the last hour about the fact that president obama was in africa when there was a concern that maybe nelson mandela's health was failing him then and perhaps the president might visit. that didn't happen at the time, and now we get word that at age 95, nelson mandela has passed on. i expect to hear a significant amount of reaction from the united states to this news. >> we have gotten news that president obama will be making a statement at about 20 minutes past the hour. in that report you spoke about mandela, of nelson and the lack of rancor he had toward past enemies. that has not meant peaceful times though? >> no. but you can imagine what it would be like had nelson mandela not reached out that way after he left prison in 1990. it has been documented in films. a new film out documenting nelson mandela and the decisions he made, the action he he took and the message he delivered at that time. i will take myself back to my college days and a class i took happened to have a particular focus on south africa when i was in college. we had a visitor in class, and it was someo
we spoke in the last hour about the fact that president obama was in africa when there was a concern that maybe nelson mandela's health was failing him then and perhaps the president might visit. that didn't happen at the time, and now we get word that at age 95, nelson mandela has passed on. i expect to hear a significant amount of reaction from the united states to this news. >> we have gotten news that president obama will be making a statement at about 20 minutes past the hour. in...
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Dec 11, 2013
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in south obama speaks africa at an emotional memorial service for nelson mandela. u.s. regulators approve the poker rule in an effort to make and we go inside of the c suite at the new cadillac. to our viewers here in the united states, and those of you joining us from around the world, welcome. do we have full coverage of the stocks and stories making headli
in south obama speaks africa at an emotional memorial service for nelson mandela. u.s. regulators approve the poker rule in an effort to make and we go inside of the c suite at the new cadillac. to our viewers here in the united states, and those of you joining us from around the world, welcome. do we have full coverage of the stocks and stories making headli
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Jul 27, 2015
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president obama has praised africa's dynamism but has warned leaders to tackle corruption, tribalism, and discrimination. thepresident stressed opportunities available to private enterprise and saluted kenya's status as a technology hub in africa. their economy grew next year. torrential rains drenched pakistan over the weekend causing flash flooding and threatening to try for up food prices. 42 deaths have been reported. thousands of people forced from acres ofes, 173,000 farmland has been inundated and job province -- punjab province. what are some of the problems facing the energy it is in china? guest: considered a risky sector by .nalysts the overcapacity issues in china and the global commodity flow and also the shift toward a more .fficiency economy to make matters worse, we are seeing up record amount of debts in the sector coming during this quarter. analysts are saying we may see default. yvonne: in terms of risks for default, what are subsectors we should look at? lianting: we are talking about renewable sectors like coal miners. sectors facing serious problems of overcapac
president obama has praised africa's dynamism but has warned leaders to tackle corruption, tribalism, and discrimination. thepresident stressed opportunities available to private enterprise and saluted kenya's status as a technology hub in africa. their economy grew next year. torrential rains drenched pakistan over the weekend causing flash flooding and threatening to try for up food prices. 42 deaths have been reported. thousands of people forced from acres ofes, 173,000 farmland has been...
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Aug 6, 2014
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upsident obama is wrapping the u.s.-africa leader summit taking place in washington, d.c. and we will speak about the summit next on "taking stock." ♪ >> >> this is "taking stock." i am pimm fox. president obama. he is said to speak at a news conference this hour. he is concluding the u.s.-africa leader summit taking place in the nation's capital. he has been involved in sessions at the u.s. state department. once he begins his remarks we will bring you the left coverage. u.s. businesses including ge and blackrock have pledged investments during the summit. hans nichols has covered for us all weekend and he joins us from washington. what should we expect to hear from president obama? out of for obama to come the session which is about governing for the next generation to talk about the obligation that african heads of state have to their people to clam down on corruption. you can have all the billions of but unlessthe world you have transparency, unless you have good governing institutions, it is going to be frittered and it will not lead to a strong, vibrant middle clas
upsident obama is wrapping the u.s.-africa leader summit taking place in washington, d.c. and we will speak about the summit next on "taking stock." ♪ >> >> this is "taking stock." i am pimm fox. president obama. he is said to speak at a news conference this hour. he is concluding the u.s.-africa leader summit taking place in the nation's capital. he has been involved in sessions at the u.s. state department. once he begins his remarks we will bring you the...
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president obama is wrapping up his five day trip to africa. today in ethiopia, he warned african leaders that the continent's economic progress rests on a fragile foundation. he said something must be done to provide opportunities for young africans. president obama: we will not be able to meet the challenges of our time, from ensuring a strong global economy to facing down violent extremism, to combating climate change, ending hummer -- hunger, without the voices and contributions of one billion africans. matt: president obama returned to a theme he hit on in kenya that africa must fight a culture of corruption. resumed a selling jump on the iran nuclear deal. john kerry goes to capitol hill to testify. congress has 60 days to review the agreement. lawmakers can approve or reject it but president obama says he will veto a rejection. we have done the math on donald trump. he is worth $2.9 billion. the candidate has said he is worth more than $10 billion. the bloomberg billionaires index to their own calculations based on financial disclosure d
president obama is wrapping up his five day trip to africa. today in ethiopia, he warned african leaders that the continent's economic progress rests on a fragile foundation. he said something must be done to provide opportunities for young africans. president obama: we will not be able to meet the challenges of our time, from ensuring a strong global economy to facing down violent extremism, to combating climate change, ending hummer -- hunger, without the voices and contributions of one...
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Aug 5, 2014
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-africa leaders a summit with 40 world leaders from africa meeting with president obama. nety the way, adam, get shares are moving up by more than 16% after announcing it can split into two publicly traded companies. i like the way sir martin sorrell mentioned good assets versus bad assets. quite a few publishing assets and one and advertising in the other. >> all right, something we will keep an eye on. this is "bloomberg surveillance." on bloomberg television, streaming on your tablet, your smartphone, and bloomberg.com. i am scarlet fu here with tom keene and adam johnson. adam has our top headlines this morning. >> san diego company came with the experiment will drive for two americans being treated with the deadly ebola virus. it is made from tobacco plants and appears to be working. it is made from pharmaceuticals and until now the fed only been tested on animals. as the cease-fire is in gaza, the u.s. is giving israel more money for its antimissile defense. president obama has signed a bill giving israel $245 million to restock his iron dome systems. iron dome was
-africa leaders a summit with 40 world leaders from africa meeting with president obama. nety the way, adam, get shares are moving up by more than 16% after announcing it can split into two publicly traded companies. i like the way sir martin sorrell mentioned good assets versus bad assets. quite a few publishing assets and one and advertising in the other. >> all right, something we will keep an eye on. this is "bloomberg surveillance." on bloomberg television, streaming on...
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tell you about the push in africa when bottom line continues in just a moment. ♪ >> president obama's pick for janet yellen's top attendant needs to maintain monetary policy. stanley fischer testifies on thursday at his senate confirmation hearing but is prepared -- but his preparator comments of artie been released. peter cook has more on his message. the reception is expected to get? >> generally expected to be pretty warm. this is the first time fischer has faced questions since he was nominated. ot.re is a lot o the fed has made significant progress in recent years. he praises the fed's moves as courageous and effective. normalcy has not been restored in his words. the unemployment at 6.7% -- the fed's job is still not done. requires theeserve continuation of expansionary even though the degree of expansion has been cut back. fischer gives no indication that she does not support that scaling back of the bond buying program. which has been called into question recently given the economic data. his confirmation is not in doubt in the senate. republicans and democrats alike cap raise
tell you about the push in africa when bottom line continues in just a moment. ♪ >> president obama's pick for janet yellen's top attendant needs to maintain monetary policy. stanley fischer testifies on thursday at his senate confirmation hearing but is prepared -- but his preparator comments of artie been released. peter cook has more on his message. the reception is expected to get? >> generally expected to be pretty warm. this is the first time fischer has faced questions...
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Jul 27, 2015
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manus: president obama is in africa. he warned leaders about tribalism discrimination and corruption that is holding the continent back. he saluted kenya's status as a tech hub in africa. he arrives in ethiopia 48 two day stay. he is the first american leader to visit the second-most populous nation in africa. francine: solar powered page ago technology is changing africa. we have been finding out how. >> this is a battery with a control unit. it's linked to the solar panel. my name is julian mitchell. the thing about kenya is it's a very large territory and it's a very rural economy. the grid hasn't spread everywhere to give electricity to people. we are leapfrogging the grid at the moment. we're all the way out in these places. we can buy this kit and help you purchase it and afford it and you can have electricity this evening. kenya is the home of mobile money. we link up a mobile phone with this device. you have money on your phone. we send the device and the credits you paid your it we asked able to pay $.40 a day.
manus: president obama is in africa. he warned leaders about tribalism discrimination and corruption that is holding the continent back. he saluted kenya's status as a tech hub in africa. he arrives in ethiopia 48 two day stay. he is the first american leader to visit the second-most populous nation in africa. francine: solar powered page ago technology is changing africa. we have been finding out how. >> this is a battery with a control unit. it's linked to the solar panel. my name is...
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Jul 28, 2015
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president obama is on his way back to the united states after a five-day trip to africa. before leaving ethiopia, the president called on african leaders to end what he called the cancer of corruption. president obama: when someone has to pay an official a bribe to start a business or go to school -- that's not the african way. it undermines the dignity of the people you represent. matt: president obama said that africa's democratic process is at risk when leaders refuse to give up power at the end of their terms. likely going to be a change at the top of procter & gamble. may announcecutive his retirement this week. that would set the stage for the heir apparent, david taylor, to take over. ,astly -- he has served interrupting his retirement to lead a turnaround. a prison worker pleaded guilty murderous estate last month or joyce mitchell admitted giving inmates tools to break out of jail. mitchell agreed to be their getaway driver, but then changed her mind. the prisoners were shot and killed -- one prisoner was shot and killed three weeks after escape. the other was re
president obama is on his way back to the united states after a five-day trip to africa. before leaving ethiopia, the president called on african leaders to end what he called the cancer of corruption. president obama: when someone has to pay an official a bribe to start a business or go to school -- that's not the african way. it undermines the dignity of the people you represent. matt: president obama said that africa's democratic process is at risk when leaders refuse to give up power at the...
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Aug 8, 2014
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the point about obama, and he talks about china in the china a good gives hand in africa. more, the about, the merrier. in foreign-policy more generally, he thinks bringing china into the international order will be a great test. if he ends the second term of his presidency without having done that, that will be difficult. he talks about the need to be tough with china as well. >> let me read this from his mouth to your years. you have to be pretty firm to them, talking about the chinese, because they will push as hard as they can until they meet resistance. they are not sentimental or toerested in instructions read that could come right out of the mouth of kissinger. >> he is talking about fundamental interest of what the chinese want. presidencye obama has been learning that. you have to have some somebody with him. he has a country not enthusiastic about foreign entanglements. that is different. it is interesting the way you have conservatives trying to prove you could run a moralistic foreign-policy. now you have the obama crew taking approach to foreign-policy as do n
the point about obama, and he talks about china in the china a good gives hand in africa. more, the about, the merrier. in foreign-policy more generally, he thinks bringing china into the international order will be a great test. if he ends the second term of his presidency without having done that, that will be difficult. he talks about the need to be tough with china as well. >> let me read this from his mouth to your years. you have to be pretty firm to them, talking about the chinese,...
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president obama has been in africa since friday. in that time, he met with a girl named lucy, he hung out with a farmer, took a picture with his traveling press, and danced a little bit in kenya. and he said this just before jetting home. president obama: i love my work. but under our constitution, i cannot run again. [applause] [laughter] i actually think i'm a pretty good president. iran, i could win. [laughter] but i can't. mark: file the standards for presidential trips, how did this go? john: mark: i think it was ok. a little bit unsatisfying. this would be a historic trip. the place of his forbearers, did not get the kind of attention. he did do a few things, getting rights in africa. but the failures of policy on africa and his administration have been glaring. i did not think he did anything to counteract that. mark: totally disagree. he's making a late push, but the coverage i saw was extremely good. and he did something hard to do. this trip would never get a lot of attention in the united states. he made news on things he
president obama has been in africa since friday. in that time, he met with a girl named lucy, he hung out with a farmer, took a picture with his traveling press, and danced a little bit in kenya. and he said this just before jetting home. president obama: i love my work. but under our constitution, i cannot run again. [applause] [laughter] i actually think i'm a pretty good president. iran, i could win. [laughter] but i can't. mark: file the standards for presidential trips, how did this go?...
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Aug 8, 2014
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that is a question that applies to barack obama. america has a lot of advantages in africa. it does not have a colonial history like other countries. it does not have the burden of all that. it has a lot of things going for it. is it really over the next 40 or 50 years prepared to push? i don't know. if you look at trade, surely america could get behind african trade. america is a proponent of african trade. it could be undone by congress. african free trade, they are having difficulties with that. he could get undercut by congress not putting things when he is preaching the beauties of free trade. these things require sustained effort over time. that is where you test foreign-policy. that is where it is reasonable to hold obama up to questions. >> there is this in terms of the overview of the president expressed in this recent profile entitled "the obama paradox." obama has always projected the aura of a deeply confident man, someone who is justified that -- in thinking that good luck happened to him. but when confronted with the limits of his power, he began to convey a se
that is a question that applies to barack obama. america has a lot of advantages in africa. it does not have a colonial history like other countries. it does not have the burden of all that. it has a lot of things going for it. is it really over the next 40 or 50 years prepared to push? i don't know. if you look at trade, surely america could get behind african trade. america is a proponent of african trade. it could be undone by congress. african free trade, they are having difficulties with...
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Sep 21, 2016
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-africa is this forum. president obama will address in the next hour. don't miss it. still ahead, we look at the stocks moving in the early u.s. session. fedex delivering positive results, shares up 5.9%. this is bloomberg. ♪ vonnie: this is "bloomberg markets." i am coming to you live from the u.s.-africa business forum. mark: and live from london, i am mark barton. vonnie: we are going to get a check on the markets now at the world headquarters from julie hyman. julie: i am looking at movers today. we had a big backdrop from central banks. trading at a record high. having the best single biggest day since 2014. that is after the company came out with estimates that beat. and record fourth-quarter profits that will be estimates. software is delivered over the cloud. the company has been doubling down on the cloud delivering software and this quarter after a disappointing last quarter, this quarter seems to be paying off. we are looking at fedex. that company came out with first-quarter profits that beat estimates. a addition, it provided detailed outlook at the imp
-africa is this forum. president obama will address in the next hour. don't miss it. still ahead, we look at the stocks moving in the early u.s. session. fedex delivering positive results, shares up 5.9%. this is bloomberg. ♪ vonnie: this is "bloomberg markets." i am coming to you live from the u.s.-africa business forum. mark: and live from london, i am mark barton. vonnie: we are going to get a check on the markets now at the world headquarters from julie hyman. julie: i am...
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-africa summit in washington, i want to dig eager into president obama's have $14 billion bill to africa. hans nichols joins us. there are a lot of deals in the offing. where will those investments be? >> they will be the route sub-saharan africa. 90 organizations are represented , almost 50 heads of state, and behind me deals are being done. here is how the white house made the $14 billion sound like an eye-popping number. heading into this, they had talked about $900 million, and 1400 they offer that up to billion. $14 billion. in comparison, when china and africa had a summit, $20 billion with the number. one of the things we are hearing on the sidelines is africa is a of the u.s.s ahead when it comes to investing in china. >> the price tag continues to go up. what about ghana? >> this it's to the core of the governance problem. they have a debt they cannot handle and they have asked for an imf assistance project, but it gets to the core of return on investment in africa. if investors cannot be guaranteed that these countries will be governed properly, the investment will dry up. anot
-africa summit in washington, i want to dig eager into president obama's have $14 billion bill to africa. hans nichols joins us. there are a lot of deals in the offing. where will those investments be? >> they will be the route sub-saharan africa. 90 organizations are represented , almost 50 heads of state, and behind me deals are being done. here is how the white house made the $14 billion sound like an eye-popping number. heading into this, they had talked about $900 million, and 1400...
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mark: president obama is promoting trade and investment in the united states and africa, speaking at the u.s. africa business forum in new york. saying progress on the cannot -- caught in important to prosperity around the world. president obama: oh africa is on the move here get a middle-class projected to grow to more than one billion customers. mark: the u.s.-africa business form is cohosted by bloomberg atlanta p that manages the work of michael bloomberg, the parent company of bloomberg news. john coughed and is expressing regret to congress for his agency past treatment of tea party groups. he says he has cooperated with investigators and does not deserve to be impeached. he made his remarks today at house judiciary committee. hard-line conservatives want to remove him for how the irs .bjected tea party groups former president bill clinton ofnning to defend the work the clinton foundation today in the final speech to the clinton global initiative. this is expected to be a personal reflection. reportedlyion will lay off dozens of benton staff at the end of the year. finds widesp
mark: president obama is promoting trade and investment in the united states and africa, speaking at the u.s. africa business forum in new york. saying progress on the cannot -- caught in important to prosperity around the world. president obama: oh africa is on the move here get a middle-class projected to grow to more than one billion customers. mark: the u.s.-africa business form is cohosted by bloomberg atlanta p that manages the work of michael bloomberg, the parent company of bloomberg...
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Dec 28, 2016
12/16
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president obama has been keen on partnering with, you know, bringing power to africa. mark zuckerberg is trying to bring connectivity -- charlie: the internet. bono: there are a lot of people. i think, actually, there is about to emerge a new security and development of narrative. started in africa but partnered in europe and america that is going to change the game with regards to africa. certainly north africa. the middle east. with the refugee crisis, people are looking, what can we do here? there is a phenomena, the three extremes. you have extreme poverty, extreme climate, and extreme ideology. and this unholy trinity is where all the problems are. from northern mali, northern nigeria, across sudan, all the way to somalia and you could argue all the way to afghanistan . people scrambling to make a living. a hard life. we need to understand this. we need to be there. african leaders, the president of nigeria, entrepreneurs, saying we have to deal with this. in northern nigeria, i have been to a spot. there are 2 million people displaced there. the boko haram has to
president obama has been keen on partnering with, you know, bringing power to africa. mark zuckerberg is trying to bring connectivity -- charlie: the internet. bono: there are a lot of people. i think, actually, there is about to emerge a new security and development of narrative. started in africa but partnered in europe and america that is going to change the game with regards to africa. certainly north africa. the middle east. with the refugee crisis, people are looking, what can we do here?...
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Apr 26, 2015
04/15
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kumbuya, of course is the city where president obama grew up in africa. your hair is great now. -- grey now. president obama, i bet you wish you were coming into office in 2016 and set of 2008. you should have let hillary win first, then it could be you running away from her successful presidency. you probably at this a lot. you are like madonna. you have both given this country so much, but in about a year and a half, you have got to stop. mr. president, it was a true honor to be here tonight. and thank you to the white house press correspondents association, whatever that is. but i have to finish up because the exterminator wants to get in and i have a bathroom pizza to finish. so thank you very much and good night. [applause] >> cecily strong. thank you. wonderful. now, to bring our evening to a close i would like for all of you to remain seated while carol lee escorts the president and the first lady from the stage. [applause] [applause] >> did you for a moment say all my god when that helicopter -- >> i did for a moment but then i saw our troops and
kumbuya, of course is the city where president obama grew up in africa. your hair is great now. -- grey now. president obama, i bet you wish you were coming into office in 2016 and set of 2008. you should have let hillary win first, then it could be you running away from her successful presidency. you probably at this a lot. you are like madonna. you have both given this country so much, but in about a year and a half, you have got to stop. mr. president, it was a true honor to be here tonight....
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Jul 28, 2015
07/15
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the economic progress rests on a ingile investigation -- -- south africa. besident obama: we will not able to meet the challenges of facing down violent extremism, combating climate change, ending hunger and extreme poverty without the voices and contributions of one billion africans. matt: the president return to a theme that he hit on it 10 year that africa must fight the culture of corruption. donald trump is worth $2.9 billion. the presidential hopeful has said that he was worth more than $10 billion. the bloomberg billionaires index calculations. the majority of trams fortune comes from real estate. the bloomberg index does not value the trump grande toward cash link to his licensing deals and business partnerships. aftermight actually fall this -- whatever he is doing. olivia: the take away is that donald trump himself values his own personal brand is $7 billion more in bloomberg analysts do. matt: he is leading new hampshire by 24%. selloff in another chinese equities. the chinese composite fell more and volatile trading after suffering its biggest o
the economic progress rests on a ingile investigation -- -- south africa. besident obama: we will not able to meet the challenges of facing down violent extremism, combating climate change, ending hunger and extreme poverty without the voices and contributions of one billion africans. matt: the president return to a theme that he hit on it 10 year that africa must fight the culture of corruption. donald trump is worth $2.9 billion. the presidential hopeful has said that he was worth more than...
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Sep 21, 2016
09/16
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we can go over to president obama, who of course is walking ,ut into the africa summit which vonnie quinn is attending. let's listen in. president obama: not just having this event, but for all the work you are doing in promoting entrepreneurship and the problems throughout africa. i would also like to thank our cohost and the tremendous champion of investment and engagement in africa, my great i want to welcome our partners from across africa, including many heads of state and government leaders who are with us. i want to ignore knowledge senator kunz and leaders from across my administration who share a profound commitment to the expanding opportunity and deepening relationships between our countries. most importantly, i want to thank all of you. the business leaders and entrepreneurs on both sides of the atlantic who are working very hard every single day to create jobs and grow economies and lift up our people. i gave a long speech yesterday. some of you had to sit through it. i'm going to try to be a little more concise today. i'm here because -- as the world gathers in new york city
we can go over to president obama, who of course is walking ,ut into the africa summit which vonnie quinn is attending. let's listen in. president obama: not just having this event, but for all the work you are doing in promoting entrepreneurship and the problems throughout africa. i would also like to thank our cohost and the tremendous champion of investment and engagement in africa, my great i want to welcome our partners from across africa, including many heads of state and government...
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Aug 12, 2014
08/14
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we made a $5 billion commitment to support president obama's initiative to power africa. something like $20 billion more or more went on the table to increase electrical supply. you think interest in investing, and making partnerships, will really grow as a result of this meeting, because africa is becoming one of the most dynamic growth centers. six of the 10 asterisk growing economies are in africa. >> this other point was made clearly to me -- it is also necessary to appreciate the situation. in order to achieve these kinds of goals, there needs to be in the minimization of the threat to security. >> charlie, the secretary-general of the united nations and i have been traveling together specifically to the places where the conflict is the most severe. we first went to the great lakes region, visited democratic republic of congo. we went to molly, where the conflict was just slowing down -- mali, where the conflict was just slowing down. we work in all the conflict thes around the world, middle east, everywhere. in africa, our strong sense is that a huge part of the lac
we made a $5 billion commitment to support president obama's initiative to power africa. something like $20 billion more or more went on the table to increase electrical supply. you think interest in investing, and making partnerships, will really grow as a result of this meeting, because africa is becoming one of the most dynamic growth centers. six of the 10 asterisk growing economies are in africa. >> this other point was made clearly to me -- it is also necessary to appreciate the...
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Jun 4, 2019
06/19
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obama has always been a huge fan. or him to come to the nba finals and cheer on the finals was amazing. we have a partnership, continue to explore a partnership with the president about doing things, not just in africa around the league, but other parts of the world as well. we are in very early discussions but we know we will do something together. we want to figure out what we can do together. shery: what role can he play? >> he is an incredible ambassador or the sport, he is known everywhere he goes. his passion for the game of basketball is fantastic. all sorts of things we can do a run grassroots development, education, and the like. jon: what about on the marketing side, now you get a taste of what a cross-border finals looks like. over the last week, have you had new ideas on ways to market the league going forward? >> it's incredible to have this historic moment with our first finals outside of the united states in toronto. a third of the country has tuned into some portion of the nba finals this year, a recor
obama has always been a huge fan. or him to come to the nba finals and cheer on the finals was amazing. we have a partnership, continue to explore a partnership with the president about doing things, not just in africa around the league, but other parts of the world as well. we are in very early discussions but we know we will do something together. we want to figure out what we can do together. shery: what role can he play? >> he is an incredible ambassador or the sport, he is known...
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Feb 11, 2015
02/15
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president obama wants to withdraw most of the u.s. troops sent to west africa to fight evil the. close to 3000 americans were deployed last year, and just 100 will remain in the region at the end of april. we will have more coming up on "bottom line." the u.s. state department is closing its embassy in yemen, urging them to leave immediately due to terrorist activities and unrest. there has been increasing turmoil since shiite rebels took control of the capital. the british and french embassies are also closing and that is world news. we will have another update coming up in about 30 minutes. coming up apple has about 180 billion dollars in cash, and that is more than the gdp of many developing countries. yet, it keeps borrowing money. are there risks of this era of cheap debt? next. ♪ mark: welcome back. this is "bottom line" streaming on your tablet and on bloomberg.com. two major developments rocked the television world. nbc has suspended anchor brian williams for six months without pay. last month, williams was forced to retract his story, in which he said he had come under
president obama wants to withdraw most of the u.s. troops sent to west africa to fight evil the. close to 3000 americans were deployed last year, and just 100 will remain in the region at the end of april. we will have more coming up on "bottom line." the u.s. state department is closing its embassy in yemen, urging them to leave immediately due to terrorist activities and unrest. there has been increasing turmoil since shiite rebels took control of the capital. the british and french...
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Dec 10, 2013
12/13
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president obama was among those who spoke at the service for mandela. the president made headlines by shaking the hand of event president raul castro. that was the first handshake between those leaders in 13 years. the nominate to head the irs is at his confirmation hearing. will work to he restore the public's trust in the agency. they are struggling with budget cuts and political applications of admitting it applied closer groups. to tea party general motors named a new ceo, making her the first woman to lead a global auto company. there is an -- she is an engineer and has been for 30 years. she will take over for dan a person -- akerson. now to amazon. we all know it is a major online retailer. you may not know that amazon has been quietly building an advertising agency over the last few years. $600 million over it is expectednd to grow this year. cory johnson is back with more on this story. who knew? >> i have been learning a lot about amazon the last couple years. robust with advertising. according to the new -- next guest, there is a new normal.
president obama was among those who spoke at the service for mandela. the president made headlines by shaking the hand of event president raul castro. that was the first handshake between those leaders in 13 years. the nominate to head the irs is at his confirmation hearing. will work to he restore the public's trust in the agency. they are struggling with budget cuts and political applications of admitting it applied closer groups. to tea party general motors named a new ceo, making her the...
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Jul 23, 2015
07/15
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president obama is heading to africa. kenya is looking for resumption of direct flights to nairobi and increased trade between two countries, but kenya is next ordinary story because you have only 1 -- is an extraordinary story because you have terror attacks coming of the border from somalia, but the tech hub developing in nairobi, they are further ahead on mobile payments then anyone else. atul lele, do you want to jump in here? atul: absolutely. it is an integral part. vonnie: i will be looking at mcdonald's earnings. in asia another barometer of how commodity prices are affecting mcdonald's sales there. tom: i agree, this may be the most fascinating release of the day. vonnie: we will get them before next month. they'll be interesting. fx as well. tom: i have a craving for a number two value meal right now. vonnie: no, you don't. brendan: tom is going to call an uber. tom: atul lele, thank you so much fear and we continue on bloomberg radio. "bloomberg surveillance" worldwide. "market makers" next on television. stay
president obama is heading to africa. kenya is looking for resumption of direct flights to nairobi and increased trade between two countries, but kenya is next ordinary story because you have only 1 -- is an extraordinary story because you have terror attacks coming of the border from somalia, but the tech hub developing in nairobi, they are further ahead on mobile payments then anyone else. atul lele, do you want to jump in here? atul: absolutely. it is an integral part. vonnie: i will be...
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Sep 21, 2016
09/16
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president obama highlighting how text is driving growth in africa. we will sit down with one of the ceos of one of the country's most promising startups. a flurry of reports attempting to look under the hood of apple plus highly secretive heartland. people say the iphone matter is taking a strategic stake in mclaren. the financial times reporting apple may want to buy the company outright which would likely be its biggest acquisition since its $3 billion by of beats. mclaren denies talking to apple and the ceo said i can confirm is not a discussion with apple about any potential investment. we have learned apple is talk to buy lit motors and bmw audi are in hot pursuit. all of this is a secret. apple acknowledged of its heartland, so-called project titan. joining us is a william blair analyst on the phone from chicago. in a bloomberg view columns portland. bloombergre is our apple reporter. let's start with mclaren. what discussions have taken place? know apple is in talks with mclaren about some sort of strategic investment. this would mean bringing
president obama highlighting how text is driving growth in africa. we will sit down with one of the ceos of one of the country's most promising startups. a flurry of reports attempting to look under the hood of apple plus highly secretive heartland. people say the iphone matter is taking a strategic stake in mclaren. the financial times reporting apple may want to buy the company outright which would likely be its biggest acquisition since its $3 billion by of beats. mclaren denies talking to...
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Mar 14, 2014
03/14
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." >> the chinese have been very active in africa during the past several years. i think it is a question, for some reason we have been a little late in turning on the potential of a resurgent africa. under president obama and secretary kerry, we now have a firm posture that we have got to be more active in the continent. just because china has been added and other european powers, does not mean there is not room for us. in fact, i think even at this point, the american brand has a tremendous amount of credibility. >> and money is being spent on those brands. in nigeria, online shopping is booming. here is our bloombergtv africa partner. >> more than a quarter of nigeria's 170 million people are now internet users. the world bank estimates that in the last four years alone, a flood of online shopping website in nigeria has boosted the country's gdp purchasing power by 22%. the nigerians spent about $6.3 billion a year on clothing alone. more than half of the consumer market. $86 billion annually. a large section of nigeria's $275 billion economy remains -- goods a
." >> the chinese have been very active in africa during the past several years. i think it is a question, for some reason we have been a little late in turning on the potential of a resurgent africa. under president obama and secretary kerry, we now have a firm posture that we have got to be more active in the continent. just because china has been added and other european powers, does not mean there is not room for us. in fact, i think even at this point, the american brand has a...
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Aug 1, 2017
08/17
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i traveleded when back to africa with president obama later when he went to kenya and ethiopia. i hope that we continue the progress we made in africa. charlie: on an issue like north korea, you are on foreign affairs. what is the president doing? sen. flake: there is a clichÉ there are no good options in north korea. on the table. that is all true, but there are just no good options there. you help we can go to china into some kind of action. sen. flake: the president the president got softer on trade in the hope they would be forthcoming. sen. flake: the leverage may be limited than we are willing to admit. charlie: the willing to do less than we want them to do? sen. flake: that is correct as well. doon't know one thing i know, you mentioned foreign policy as an area of rare bipartisanship. it still is. i talk about it in the book, my work with tim kaine. charlie: vice presidential nominee. sen. flake: yes, we are operating under an authorization of military force from 2001. only 33 members of the senate where there to vote on that that are still in the senate. more than 300
i traveleded when back to africa with president obama later when he went to kenya and ethiopia. i hope that we continue the progress we made in africa. charlie: on an issue like north korea, you are on foreign affairs. what is the president doing? sen. flake: there is a clichÉ there are no good options in north korea. on the table. that is all true, but there are just no good options there. you help we can go to china into some kind of action. sen. flake: the president the president got softer...
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Sep 9, 2015
09/15
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secretary kerry said president obama has made it clear he wants the u.s. to have a leadership role. joe: puerto rico's new plan shows a $13 billion shortfall for debt payment over the next five years. that is after taking into account revenue. no estimates for potential losses for holders of puerto rico's $72 billion worth of debt. alix: mcdonald's is planning to switch to cage-free eggs. in march, the company announced plans to use antibiotic free chickens and they agreed to pay raises for workers at the company owned stores. those are your top headlines. joe: joey lake is the global economist. citi came out with a call that said a 55% chance of a global recession thanks to the slowdown in china. what do you make of it? joseph lake: eye-catching, eye-grabbing number. i disagree. the globe economy over the next year will see a really big rebound. it is a real inflection year. i would not go so far as say a recession. we are seeing rebounding of drivers of growth away from emerging markets and toward the developed markets. the u.s., japan, eurozone, are all growing this year. and for
secretary kerry said president obama has made it clear he wants the u.s. to have a leadership role. joe: puerto rico's new plan shows a $13 billion shortfall for debt payment over the next five years. that is after taking into account revenue. no estimates for potential losses for holders of puerto rico's $72 billion worth of debt. alix: mcdonald's is planning to switch to cage-free eggs. in march, the company announced plans to use antibiotic free chickens and they agreed to pay raises for...
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Nov 6, 2014
11/14
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president obama is asking congress for $6 million in funding to combat ebola in west africa and protect americans from the virus in the united states. he's active director of the american public health association joins me from washington. thank you for your time today. >> i am glad to be here with you. >> yesterday president obama asked congress for the $6.2 billion in emergency funds to confront ebola at its source in west africa. is that an out, in your opinion, enough? >> i think this is a bold proposal of the president. it is certainly comprehensive, substantive, and it is definitely needed. just a goods really number for us to get started to really address the serious public health problem. >> sir, where is the global health community in terms of dealing with ebola? >> well, we are beginning to get our hands around it, understanding a lot more about this particular outbreak then we knew two, 3, 4 months ago. but we are still at the beginning of understanding a lot more of the outbreak and how we can protect not only americans but the rest of the people of the world. >> why do you
president obama is asking congress for $6 million in funding to combat ebola in west africa and protect americans from the virus in the united states. he's active director of the american public health association joins me from washington. thank you for your time today. >> i am glad to be here with you. >> yesterday president obama asked congress for the $6.2 billion in emergency funds to confront ebola at its source in west africa. is that an out, in your opinion, enough? >>...
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Dec 3, 2014
12/14
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almost 6000 people died from the recent outbreak of ebola in west africa. obama's choice to be defense secretary is an expert on the pentagon's budget and weapon systems. the president will nominate ashton carter, who spent those careers as -- he has been the military's top weapons buyer. john mccain says he does not expect carter will have problems being approved by the senate. >> another record for u.s. stocks. the dow had a tough morning, closing 17,880. give the credit to oil prices and stabilizing markets around the world. chevron werend both up as oil rebounded. hydrocarbon companies added about 2%. those are our top headlines. let's continue the discussion with the data check. the headline news, the euro 124 -- gives way through 1.2329.1.24, there is the oil rebound. moving on to the next screen, please, if you will. cx back under 13, showing the buoyant nature of these markets. dollar-ruble at 53 point 5286. is -- here is the nader in early 2009. double when i went into leverage cash, 200% cash. we are all going to die -- oh, no -- i am just randoml
almost 6000 people died from the recent outbreak of ebola in west africa. obama's choice to be defense secretary is an expert on the pentagon's budget and weapon systems. the president will nominate ashton carter, who spent those careers as -- he has been the military's top weapons buyer. john mccain says he does not expect carter will have problems being approved by the senate. >> another record for u.s. stocks. the dow had a tough morning, closing 17,880. give the credit to oil prices...
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Dec 5, 2013
12/13
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remind the viewers of what president obama did when he went to south africa several months ago? >> well, again, i wasn't on that trip, but there was oncern, some talk even then. nelson mandela was in failing health at that time. that perhaps his visit to south africa could coincide with nelson mandela, his illness. he didn't go visit directly with nelson mandela at the time. their two lives, given their places in history, have intersected somewhat. we are waiting to hear what president obama says about nelson man tele. would not be surprised to have him appear on camera to discuss his legacy not only in south africa, but in the united states. there is a new movie out now about nelson mandela and his journey from an activist at the african national congress, to his imprisonment, his release and his rise to lead south africa, the incredible rise to lead south africa. no word exactly on what the president can say or when real hear something from president obama. i would think it would be in the not too distance future. not long ago the president himself was in africa and talked abo
remind the viewers of what president obama did when he went to south africa several months ago? >> well, again, i wasn't on that trip, but there was oncern, some talk even then. nelson mandela was in failing health at that time. that perhaps his visit to south africa could coincide with nelson mandela, his illness. he didn't go visit directly with nelson mandela at the time. their two lives, given their places in history, have intersected somewhat. we are waiting to hear what president...
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Jul 27, 2015
07/15
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obama is the first sitting president to visit ethiopia africa's second-most populous country. corporate giants aren't bowing -- are vowing to help the environment and backing it with cash. $140 million will be spent in new investments to shrink their carbon footprints -- among them apple, coleman sacks, and berkshire hathaway. they will cut emissions and water use and support environmental companies. teva is buying allergan's generic drug unit for $40 billion. teva is the world's largest maker of generics. teva is dropping its bid for mylan. pictures -- pitchers were joined in cooperstown for the induction into the baseball hall of fame. pedro martinez is the second dominican to enter. tom: randy johnson, when he threw the ball, his hand was halfway to home plate already. brendan: when you are thinking about particularly this class, it depends on where your affections are. are they with the 1990's braves? are they with the 2000 red sox? brendan: all four -- tom: all four deserve it to say the least. futures worsen negative six, now -10. there is a weight to the market led by b
obama is the first sitting president to visit ethiopia africa's second-most populous country. corporate giants aren't bowing -- are vowing to help the environment and backing it with cash. $140 million will be spent in new investments to shrink their carbon footprints -- among them apple, coleman sacks, and berkshire hathaway. they will cut emissions and water use and support environmental companies. teva is buying allergan's generic drug unit for $40 billion. teva is the world's largest maker...
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Feb 8, 2014
02/14
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. >> on the middle east and africa, they are hardliners. sits down with obama, will they see i to ayako-- see eye to eye? >> there are a few irritants such as the french trade mission and the americans were not too happy about them going to iran. they do take quite the same line on syria, africa, iran. the french are willing to put a little bit of force behind it and the americans quite agree appreciate the way they have stepped in with the militants there. on the whole, it's a relationship that works quite well. >> when they turn to the global economy, there are complaints of our slow recovery but the french economy, by most accounts, is really sluggish. >> there has been a stagnation. they feel they get a bad rap in the british and american press. france has lagged other countries, but let's not get too dramatic about it. 2013 was not a great year anywhere. about 0.4% grew only and france grew about 0.1%. yes, there was a lack that it is not as dramatic as it's often made out. >> when he arrives in washington, what kind of political shape
. >> on the middle east and africa, they are hardliners. sits down with obama, will they see i to ayako-- see eye to eye? >> there are a few irritants such as the french trade mission and the americans were not too happy about them going to iran. they do take quite the same line on syria, africa, iran. the french are willing to put a little bit of force behind it and the americans quite agree appreciate the way they have stepped in with the militants there. on the whole, it's a...
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Jul 28, 2019
07/19
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stirred up his base by accusing president obama of being born in africa. he accused a mexican-american judge born in indiana of having dual loyalties. it is not surprising that he described four american women as essentially not being american and not loving this country. these women are of color. he does not describe nancy pelosi or any other women that are white as being un-american or not loving the country. he is clearly trying to stir up a base of support that is racist and does lead racist types of theories. emily: that was congressman ruben gallego of the arizona seventh district. tesla shares fell in after hour trading after the company pulled back on profit promises. we talked to the ftc commissioner about facebook's record $5 billion fine as part of a settlement to put privacy violations behind it. this is bloomberg. ♪ ♪ a worse thaned expected loss as part of its second-quarter report. cash and deliveries were the biggest challenges to growth and the company announced its longtime chief technology officer is stepping down. anugh he is stayin
stirred up his base by accusing president obama of being born in africa. he accused a mexican-american judge born in indiana of having dual loyalties. it is not surprising that he described four american women as essentially not being american and not loving this country. these women are of color. he does not describe nancy pelosi or any other women that are white as being un-american or not loving the country. he is clearly trying to stir up a base of support that is racist and does lead...
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Sep 17, 2014
09/14
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president obama described the west africa a bull outbreak as a global security threat. he has pledged to send 3000 troops to the region to assist with the distribution of medical supplies, tilting -- building clinics, and the safe disposal of bodies. he made clear why the international community must step up its response to the crisis. clinics, and the treatment centers that do exist have been completely overwhelmed. weak -- a very weak public health system is near collapse. people are literally dying in the streets. pumping 500d to be billion yuan into the top bank. they may funnel the money to each of the biggest lenders for a three month time. it is an attempt to provide growth well decrease the danger from bad loans. investors are waiting from the latest -- for the latest minutes from the bank of england. >> the final day before the scottish referendum is upon us. anna is on the ground in edinburgh. good morning. >> good morning. let's update you on what has been going on overnight. , and all gaveolls the same result. they put the no camp ahead by four percentage po
president obama described the west africa a bull outbreak as a global security threat. he has pledged to send 3000 troops to the region to assist with the distribution of medical supplies, tilting -- building clinics, and the safe disposal of bodies. he made clear why the international community must step up its response to the crisis. clinics, and the treatment centers that do exist have been completely overwhelmed. weak -- a very weak public health system is near collapse. people are...